BINANCE:ADAUSDT (1D CHART) Technical Analysis Update ADA is currently trading at $0.6642 and showing overall bullish sentiment. Currently ADA has formed a broadening wedge pattern and now the price is bouncing from the support line. We have a good opportunity a long trade. Use smaller capital than normal Entry level: $ 0.6639 Stop Loss Level: $...
Hello,Friends! Previous week’s green candle means that for us the NZD/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.603. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for AUDUSD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.651. Considering the today's price action, probabilities will be high to see a movement to 0.654. P.S The term oversold refers to a condition where an asset...
Take a look at our analysis for EURUSD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.080. The above observations make me that the market will inevitably achieve 1.084 level. P.S Overbought describes a period of time where there has been a...
Strategic Outlook for USDJPY Today: The USDJPY pair is currently facing a ceiling under the resistance level at 151.700. The downward momentum seems favored as the Japanese Yen strengthens against the US Dollar, buoyed by Japan's heated inflation data for February, bolstering investor confidence in the Bank of Japan's (BoJ) shift towards policy normalization....
Hello, beloved traders! Are you intrigued by where USDJPY might head today? In the initial trading hours of this Friday, the USDJPY pair gently dips, pausing its recent rally as it encounters the towering heights of record levels. The Japanese Yen climbs following Japan's consumer inflation data release, adding a layer of intrigue around the Bank of Japan's...
Hey there! Quick dive into gold's rollercoaster last week and a peek at the road ahead! Gold hit a record high, soaring close to $2222, fueled by whispers of Fed rate cuts. But, alas, the rally didn't hold, and a resurgent US Dollar nudged gold down to a close of $2165, despite a slight week-on-week gain. Next Week's Glimpse: Expect gold to possibly dip further,...
Analyzing the options chain and the chart patterns of VRNT Verint Systems prior to the earnings report this week, I would consider purchasing the 30usd strike price Puts with an expiration date of 2024-5-17, for a premium of approximately $1.65. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of BRZE Braze prior to the earnings report this week, I would consider purchasing the 50usd strike price in the money Calls with an expiration date of 2024-4-19, for a premium of approximately $5.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Please, check our technical outlook for GBPCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.711. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.719 level soon. P.S We determine oversold/overbought...
BUY RENAULT Tp1 : 43.3 Tp2: 48 sl : 31.150 if you have any questions do not hesitate to contact me.
BONK is on the verge of creating a double top, with a possible retracement target at $0.0000193, aligning with the 0.5 Fibonacci retracement level. It appears significantly overvalued. In my view, this meme coin bubble is poised to burst soon.
If you haven`t bought ADA just before the rally: Then using the Fibonacci Retracement tool, I believe there will be a new buy opportunity in the $0.58- $0.62 range!
Using the Fibonacci Retracement tool, I believe there will be a new buy opportunity in the $0.10 - $0.11 range for TRX Tron!
If you haven`t bought MATIC before the rally: Then using the Fibonacci Retracement tool, I believe there will be a new buy opportunity in the $0.92- $0.98 range!
If you haven`t bought TMC before the previous earnings: Then analyzing the options chain and the chart patterns of TMC the metals company prior to the earnings report this week, I would consider purchasing the 1.50usd strike price in the money Calls with an expiration date of 2024-4-19, for a premium of approximately $0.27. If these options prove to be...
Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.35700 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.35700 support and resistance area. Trade safe, Joe.
Hello,Friends! It makes sense for us to go long on SILVER right now from the support line below with the target of 25.315 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅